Stock Market & Financial Investment News

On The Fly: Analyst Initiation SummaryToday's noteworthy initiations include: Adeptus Health (ADPT) initiated with a Buy at Dougherty... Amphastar (AMPH) initiated with a Buy at Jefferies... Eclipse Resources (ECR) initiated with a Neutral at SunTrust... Fidelity National (FNF) initiated with a Buy at SunTrust... First American (FAF) initiated with a Buy at SunTrust... GoPro (GPRO) initiated with a Hold at Stifel... Imprivata (IMPR) initiated with an Outperform at Wells Fargo... Lifetime Brands (LCUT) initiated with a Buy at Sidoti... Materialise (MTLS) initiated with a Buy at BB&T... Regeneron (REGN) initiated with a Buy at Argus... STAG Industrial (STAG) initiated with a Buy at Sandler O'Neill... Signature Group (SGGH) initiated with a Buy at B. Riley... TCP International (TCPI) initiated with a Buy at Canaccord... Tessera (TSRA) initiated with a Buy at Craig-Hallum... Xunlei (XNET) initiated with a Perform at Oppenheimer.

News For ADPT;AMPH;ECR;FNF;GPRO;FAF;IMPR;LCUT;MTLS;REGN;STAG;SGGH;TCPI;XNET From The Last 14 Days

GoPro says in final phases of developing new mobile appGoPro's Bates says company is in "final phases" of testing and development of a new mobile app to edit and share GoPro footage. Sees launching said app before end of summer. Says testing early version of cloud upload service.

GoPro CEO says company 'exceptionally' positioned for virtual reality movementGoPro CEO Nick Woodman says benefitting from trends in user generated content and social media, and continues to be "top" brand channel on YouTube, with subscribers up 40% y/y to 3.1M in Q2. Says also benefitting from trends in virtual reality, believes company is "exceptionally well-positioned" for VR movement. Says benefitting from trends in "quadcopters" -- also known as consumer drones -- and believes quadcopters will become "ultimate" accessory for GoPro cameras. GoPro executives are speaking on the company's Q2 earnings conference call.

Piper confident in Regeneron approval by FridayAfter Amgen's (AMGN) Repatha received marketing authorization in Europe, making it the first of the anti-PCSK9 antibody to be approved worldwide, Piper Jaffray analyst Edward Tenthoff expressed confidence that Regeneron (REGN) and Sanofi's (SNY) anti-PCSK9 antibody Praluent will be approved by Friday's FDA action date. Tenthoff believes Praluent will eventually be a blockbuster drug, but anticipates the launch to be slow. He keeps a Neutral rating on Regeneron with a $484 price target.

GoPro July weekly volatility elevated into Q2 and outlook GoPro July weekly call option implied volatility is at 149, August is at 65, September is at 54 compared to its 52-week range of 39 to 98, suggesting large near term price movement into the expected release of Q2 results on July 21.

GoPro, Toyota partner to put camera mount in Tacoma, Wired says GoPro (GPRO) and Toyota (TM) are partnering to place a a GoPro camera mount on the roofline of every new 2016 Toyota Tacoma, a first for a carmaker, says Wired. Toyota will not supply the camera, added Wired. Shares of GoPro are up 6.5% while Toyota is up fractionally. Reference Link